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Archive for the ‘Wealth’ Category

Bill Gates has resumed his place on top of the list of wealthiest Americans. A few months ago this man had removed Gates from the #1 spot. Bill Gates now has a net worth of $57 billion which is enough to land him back on top. Gates has given away a lot of his fortune. If he hadn’t given away any of his loot he would be worth a whopping $90 billion. To read a little bit more about America’s wealthiest individual click here.

Ted Turner has been the largest private land owner in the United States for quite some time now. He recently won the bid for 26,300 acres of prime ranch land for $10million.

Turner has amassed 2 million acres over the past two decades to become the largest private landowner in the country. He owns land in at least nine states, with most of his holdings in New Mexico, Nebraska, Montana and South Dakota.

People often wonder how the super wealthy really live, well we are going to fill in a few blanks.

A favorite prize is the Gulfstream, the private jet of choice, with the latest model, the G550 ($47 million), the most coveted. It flies anywhere in the world nonstop, lands at large and small airports, connects wirelessly at 50,000 ft. (15,240 m) and receives 100% fresh air every 90 seconds. ”

The watch of choice at present is the Patek Philippe. The top model retails for $800,000 to $900,000, and its purchase requires the following protocol: an interview with the company in Geneva, approval and placement on a waiting list of one to four years. Waiting lists and 10-figure net worths are like oil and water, however.

Concierge Services…..

An entire industry is cropping up in response to the demand for ultra-unique and personal service—getting what one wants when one wants it. It’s called concierge. “Our members are people who have a lot more money than time,” says Ed Rosenthal, coo of the club Quintessentially.

Once again Jay Z and Beyonce taking full advantage of the very posh blessed life that they live. The Spotted Pig is a very restricted restaurant for the social elite in NY. Jay Z actually owns a small percentage of it with Tom Cruise.

Oprah earned $260million in between June 2006 and June 2007. She topped the list of celebrity tv earners. Jerry Seinfeld was number two earning $60million. Tyra Banks was #12 on the list earning $18million.

The rumors are swirling on Wall Street about a possible investment of $300-$500 million investment from Microsoft, which would land Facebook’s current total value in between $10-$15billion! Wow and this whole time we thought Peter Thiel (one of Facebook’s investors) was smoking rocks when he said that $1billion offer for the company was laughable. Thiel said that he placed Facebook’s value somewhere around $7 or $8 billion up there with MTV.

Zuckerberg said last year that he felt that Myspace sold themselves short to Rupert Murdoch’s News Corp for $580 million. He was probably right because in the next few months video giant YouTube sold out to Google for $1.65billion in stock.

So whatever is going on in silicon valley it seems that Mark Zuckerberg has the right idea and knows how to play the game. (The longer you hold out and refuse to sell, the more value it places on your company and product! Wow its just like dating. The longer a female withholds her goodies the harder the guy tries, the more he likes her, and he ends up spending more money for that ass!) Don’t you just love our business acumen???

Forbes ranks Oprah at $2.5billion. She is so far a head of her time she’s about to start another life…You could combine the fortunes of Jay Z, 50 Cent, Diddy, Russell Simmons and they still wouldn’t measure up to her’s. Keep doing your thing Oprah!

Her show airs in 135 countries drawing 46million viewers a week. That’s power!